Current Affairs Quiz-September, 2020

Notes:
Minister of State for Shipping Mansukh Mandaviya has recently launched ‘SAROD-Ports’ (Society for Affordable Redressal of Disputes – Ports).
SAROD-Ports is established under Societies Registration Act and aims to resolve the disputes with the panel of technical experts as arbitrators. It is expected to save legal expenditure and time. This works similar to the SAROD-Roads constituted by NHAI.

Notes:
The Reserve Bank of India (RBI) has issued guidelines regarding Compliance Functions in Banks and Role of Chief Compliance Officer (CCO).
The guidelines direct that all banks should have a board approved Compliance Policy and Appointment of CCO. The CCO shall be a senior executive of the bank, preferably in the rank of a General Manager.

Notes:
The Baghjan Oil Well of Oil India Limited (OIL) is located in Eastern Assam’s Tinsukia district has been put off.
A massive fire occurred in the Oil well due to equipment failure and it turned out into a blowout, which means uncontrolled escape of gas at great speed. Oil India Limited (OIL) and foreign experts managed to tame the fire after 110 days.

Notes:
British Racing Driver Lewis Hamilton has recently clinched his 90th Formula One win after winning the Tuscan Grand Prix Tournament.
Valtteri Bottas reaced within 1.1 seconds of Hamilton and finished second while Red Bull driver Alexander Albon finished third and clinched his first career podium. Hamilton can equal Schumacher’s record of victories at the Russian Grand Prix, as he is one win behind Schumacher.

Notes:
Social media Major Facebook has partnered with the leading edu-tech platform Coursera, to launch Social Media Marketing Professional Certificate.
As per a joint official release of the two companies, under the five-course program, learners are trained in social media marketing including Creating impactful content, Protecting user data. The learners are made ready for related jobs with top employers.

Notes:
The United States has recently banned eight Chinese goods including cotton, hair products, computer components and some textiles from China’s Xinjiang province.
The Department of Homeland Security (DHS) of the U.S has stated that the products are produced using ‘Forced labour’. It also alleges that China weakens American workers and businesses by trying to import these goods into the U.S.

Notes:
Oracle has been chosen by TikTok to be its trusted technology provider in USA. In the acquisition battle between Microsoft and Oracle, Oracle has taken a lead.
President Donald Trump claimed that the USA’s Tik Tok user data are siphoned to Chinese authorities. The US administration ordered ByteDance, the parent company of Tik Tok to sell its U.S. business.

Notes:
World Ozone Day or ‘International Day for the Preservation of the Ozone Layer’ is observed on September 16 all over the world.
Vienna Convention for the Protection of the Ozone Layer was adopted and signed by 28 countries, on 22 March 1985. The theme of this year is ‘Ozone for Life’. This year also marks the 35th year of the Vienna Convention and 35 years of global ozone layer protection.

Notes:
The 10th Defence Technology and Trade Initiative (DTTI) Group Meeting between India and the United States.
This meeting was held as a part of the Indo-US Bilateral Defence Cooperation. DTTI Group Meetings are held twice a year, hosted alternatively by India and the United States. During the virtual meet held this year, a Statement of Intent on Defence technology cooperation was also signed.

Notes:
Union Education Minister Ramesh Pokhriyal Nishank presented the first ever AICTE-Visvesvaraya Best Teacher Awards 2020.
The award has been conferred to 12 faculty members of AICTE approved institutes on the occasion of Engineers Day. The award has been introduced to identify extraordinary teachers and recognize their best practice in the field of higher technical education.